Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
www.studymafia.org
A
Seminar report
On
Online Marketing Submitted in partial fulfillment of the requirement for the award of degree
of Bachelor of Technology in Computer Science
SUBMITTED TO: SUBMITTED BY:
www.studymafia.org www.studymafia.org
www.studymafia.org
Acknowledgement
I would like to thank respected Mr…….. and Mr. ……..for giving me such a wonderful
opportunity to expand my knowledge for my own branch and giving me guidelines to present a
seminar report. It helped me a lot to realize of what we study for.
Secondly, I would like to thank my parents who patiently helped me as i went through my work
and helped to modify and eliminate some of the irrelevant or un-necessary stuffs.
Thirdly, I would like to thank my friends who helped me to make my work more organized and
well-stacked till the end.
Next, I would thank Microsoft for developing such a wonderful tool like MS Word. It helped my
work a lot to remain error-free.
Last but clearly not the least, I would thank The Almighty for giving me strength to complete my
report on time.
www.studymafia.org
Preface
I have made this report file on the topic Online Marketing; I have tried my best to elucidate all
the relevant detail to the topic to be included in the report. While in the beginning I have tried to
give a general view about this topic.
My efforts and wholehearted co-corporation of each and everyone has ended on a successful
note. I express my sincere gratitude to …………..who assisting me throughout the preparation
of this topic. I thank him for providing me the reinforcement, confidence and most importantly
the track for the topic whenever I needed it.
www.studymafia.org
Content
Introduction
What is Online Marketing
Types of Online Marketing
o Email
o Blogging
o Pay per click
o Social Media
o Digital Marketing
o Viral Marketing
Advantages
Disadvantages
Future Scope
Conclusion
Reference
www.studymafia.org
Introduction
There is no doubt about it—the Internet has changed the world we live in. Never before has it
been so easy to access information; communicate with people all over the globe; and share
articles, videos, photos, and all manner of media.
The Internet has led to an increasingly connected environment, and the growth of Internet usage
has resulted in the declining distribution of traditional media: television, radio, newspapers, and
magazines. Marketing in this connected environment and using that connectivity to market is e
Marketing.
Online Marketing embraces a wide range of strategies, but what underpins successful e
Marketing is a user-centric and cohesive approach to these strategies.
While the Internet and the World Wide Web have enabled what we call new media, the theories
that led to the development of the Internet have been developing since the 1950s.
What is Online Marketing
Online marketing refers to the use of the Internet and digital media capabilities to help sell your
products or services. These digital technologies are a valuable addition to traditional marketing
approaches regardless of the size and type of your business. E-marketing is also referred to as
Internet marketing (i-marketing), online marketing or web-marketing.
As with conventional marketing, e-marketing is creating a strategy that helps businesses deliver
the right messages and product/services to the right audience. It consists of all activities and
processes with the purpose of finding, attracting, winning and retaining customers. What has
changed is its wider scope and options compared to conventional marketing methods.
Online marketing is deemed to be broad in scope, because it not only refers to marketing and
promotions over the Internet, but also includes marketing done via e-mail and wireless media. E-
marketing also embraces the management of digital customer data and electronic customer
relationship management (ECRM) and several other business management functions.
Online marketing joins creative and technical aspects of the Internet, including: design,
development, advertising and sales. It includes the use of a website in combination with online
promotional techniques such as search engine marketing (SEM), social medial marketing,
interactive online ads, online directories, e-mail marketing, affiliate marketing, viral marketing
and so on. The digital technologies used as delivery and communication mediums within the
scope of e-marketing include:
Internet media such as websites and e-mail
Digital media such as wireless, mobile, cable and satellite.
www.studymafia.org
Online marketing objectives
Online marketing objectives define what you want to achieve through your e-marketing
campaign. They set the reasons why your business wants to go online and allow you to estimate
and monitor the progress of your online marketing activities. They also provide an incentive to
focus on critical areas and formulate strategies to help achieve intended objectives.
Different businesses may develop different e-marketing objectives depending on their individual
circumstances. A useful framework for developing effective e-marketing objectives is the five
S’s framework, which includes:
1. Sell – using the internet to sell products and services
2. Serve – using the internet to serve customers
3. Speak – using the internet to communicate with customers (both existing and potential)
4. Save – using the internet to save/ reduce cost
5. Sizzle – using the internet to build brand identity
When setting your e-marketing objectives, you need to make sure that they are:
Specific – specify what is to be achieved
Measureable – expressed in measurable terms such as key performance indicators,
outcomes, numbers, percentage, dollars, etc.
Action-oriented – state which actions need to be taken and who will take them
Realistic – achievable with the resources available
Time Specific – establish specified time frames.
Examples of some typical e-marketing objectives could be:
To achieve 20% online sales within the first year of launching online marketing
campaigns.
To increase online sales for all products by 15% in 2011.
To grow email coverage to 50% of the current customer base by the end of next year.
To reduce the annual cost of direct marketing by 20% through e-mail marketing.
To improve brand awareness, brand favourability and purchase intent by surveying 300
online customers each month.
www.studymafia.org
Types of Online Marketing
Think of email marketing as the bridge between the top of your sales funnel ( Awareness – Seo,
Social Media, Online Networking) and the sale.
Sure, email is not as sexy as it’s younger, hipper counterpart – Social Media, but it’s one of the
most direct and private forms of communication. Because of this, it’s still one of the most
effective types of online marketing in terms of driving sales.
The best email marketers embrace the private nature of email communications and take care to
treat their email subscribers a little more special than non email subscribers.
This could be done by giving access to exclusive content, special email subscriber discounts,
personalized deals, or other “insider” goods not accessible to the outside public.
Email is also a popular form of marketing because, when your email campaigns are set up
properly, you can tie exact dollar amounts to individual customers.
This allows you to create hyper targeted messaging that reflects you understand where your
customer is in the buying cycle. Are they “just looking” or are they an evangelist? Creating email
marketing programs for each stage of the customer lifecycle allows you to deepen loyalty and
directly increase revenue.
One major disadvantage for email marketers is the constant evolution of spam filters in email
programs. Companies must also make ensure their program does not violate spam laws such as
the United States’ Controlling the Assault of Non-Solicited Pornography and Marketing Act
(CAN-SPAM)
Blogging
It may seem strange to see blogging on this list, because many of the things we’ve talked about
may seem encapsulated in blogging.
But really, a blog is just a channel. It can host videos, podcasts, text articles, news topics, sell
affiliate advertising, provide instruction or insight – however at the end of the day, what you’re
talking about isn’t “blogging”, you’re talking about content that fills the channel.
Blogging makes this list because managing that channel is really a skill on it’s own.
Scheduling content, tagging and categorizing content appropriately, managing internal link
architecture, optimizing navigation items – these are just a handful of items that a real “blogger”
manages.
www.studymafia.org
Blog management is critical to the success of the blog as it’s fundamental structure is what helps
search engines index your blog for the content you want to be known for, and visitors to go to
appropriate pages within your site.
Pay per click
If done well, Pay per click is one of, if not the fastest type of online marketing to drive targeted
traffic to your web properties.
But when done haphazardly, can cost a company thousands of dollars with little to no return.
It’s one of my favorite lead generation techniques because once your campaign is optmized,
you’re able to calculate a fairly accurate and predictable ROI.
Whatever you do, don’t go into Ppc under the misconception that you’re just going to target a
couple of keywords, write some copy, then watch the dollars pour in.
Far from it actually.
With Ppc, the entire goal is to turn passive viewers into interested prospects, and interested
prospects into buyers.
To do this you must first entice users to click on an advertisement and send them to the perfect
landing page with copy that matches the ad .
The idea is that you want to keep similar phrasing throughout the experience so your new visitor
stays grounded throughout the experience.
Pay per click ads are no longer just displayed on the sidebar on search engines, but can be
displayed on niche websites, or act as “sponsored stories” on social networks. They can be
displayed as product listings, or as a video advertisement. They are targeted, either by search
term, profile interest, or by the website on which the pay per click ad is displayed.
Social Media
While one true unified definition of Social Media marketing exists, many have embraced the use
of social platforms to promote their brand.
If I were to define the starting process of social media marketing:
I would look at various social media channels in a very similar way as a traditional media buyer.
www.studymafia.org
This would mean looking at the usual suspects – Facebook, Twitter, Google+, Youtube,
Pinterest, Linkedin(maybe) – but then also niche networks, forums, active blog communities, and
any place where there’s active two way conversation happening.
In these networks, I would be seeking a core customer type and pay close attention to the
language they’re using, the questions they’re asking, and the content they’re sharing.
During this process, I would seek to identify the taste makers within the community, and
determine the best ways to appeal to them.
Using this approach, I would then create content or report to a content developer, the types of
content that would stand out to each smaller network, then distribute to only the communities
that will find it the most relevant.
This is the exact inverse of what many “social media marketers” do.
The more commonly practiced technique is “create THEN distribute” where this approach is
more “intense listening, create, distribute selectively”
Perhaps the most misused approach for social media marketers is the share everything with
everyone approach.
By using a more strategic and calculated plan, you can develop marketing communications that
show many layers and build a much wider audience over time.
Digital marketing
Digital marketing is marketing that makes use of electronic devices (computers) such as personal
computers, smartphones, cellphones, tablets TV and game consoles to engage with stakeholders.
A component of Digital marketing is Digital Brand Engagement. Digital marketing applies
technologies or platforms such as websites, e-mail, apps (classic and mobile) and social
networks. Digital Marketing can be through Non-internet channels like TV, Radio, SMS, etc or
through Internet channels like Social Media, E-mails ads, Banner ads, etc. Social Media
Marketing is a component of digital marketing. Many organizations use a combination of
traditional and digital marketing channels; however, digital marketing is becoming more popular
with marketers as it allows them to target and track many aspects including their Return on
Investment (ROI) more accurately compared to other traditional marketing channels.
According to the Digital Marketing Institute, Digital Marketing is the use of digital channels to
promote or market products and services to consumers and businesses.
Viral Marketing
This is another form of online marketing an internet marketing company may use. By using
video and other interactive methods to attract customers, an advertisement can go viral in the
www.studymafia.org
Internet. This is the online version of “Word Of Mouth” marketing. Knowing how to trigger and
capture emotions are key factors in getting viral.
Advantages
1. One of the most important advantages is the fast availability of the information. The
clients/users can easily get information, by navigating the internet, about the products that
they wish to purchase, and besides that, they can check the information at anytime of the
day.
2. It allows the companies to save money, an aspect that is really taken into account by the
companies since the online marketing campaigns don’t require a large amount of
investment.
3. The previous mentioned aspect, gives less importance to the differences between large
and small companies in some way, thus increasing the competition and giving that way
advantages to the customers.
4. Presence on the Internet can help the expansion of the company from a local market to
national and international markets at the same time, offering almost infinite expanding
possibilities.
5. On the internet everything can be measured, thus it’s easier for the companies to know
almost instantly if their campaign is working or not, what company or user is interested in
their products, from what cities or countries are they, etc.
Disadvantages
1. Slow internet connections can cause difficulties. If the companies build too complex or
too large websites, it will take too long for users to check them or download them and
they will get bored eventually..
2. The e-commerce doesn’t allow the user “to touch” the merchandise before purchasing it.
Because of this, some salesmen are starting to guarantee the possibility of returning the
product. In Germany, where a law that regulates e-commerce and guarantees the
customers the total refund of the money exists since 2000, the electronic commerce is
very popular.
3. Other factor is the payment: many users still don’t trust in the electronic methods of
paying and give up buying online because of this.
4. One of the major disadvantages may be the lack of trust of the users because of the
constant virtual promotions that appear to be frauds. This is an aspect that deteriorates the
image and reputation of quality and honest companies.
5. Other disadvantage is the cash on delivery system, since it doesn’t guarantee the 100%
purchase of the product. This is also the case of thousands of users that dedicate
themselves to daily mock big companies by ordering on the internet using false identities.
www.studymafia.org
Future of Internet Marketing
With the advancement of internet technologies the concept of online marketing has now been
spiraling almost at a break-neck speed. E commerce is no more a new idea as a matter of fact in
the mid 90’s when internet popularized amongst common people, online marketing since then
started molding from its ‘ boyhood’ with the growth of circulation of newsletters through e-
mails, and through adding links of one site to other various websites. However, in the 20th
century with the addition of latest technology the whole concept of online marketing has gained
a definite dimension with the added techniques like Pay Per Click, Search Engine Optimization,
Press Releases, Web Banners, Link Campaign, Viral Marketing, Blogs etc. These started
working as a curtain opener in the field of marketing whilst using the Internet.
And in the 21st century, the rapid advancement in web technology has ultimately resulted in
social media becoming the most fluid market with many types of ebb and flows. The demand for
a hot tool on the market which people will gravitate towards was always there and the new age
social media marketing with web 2.0 platform steadily filled the gap.
As of now, twitter remains as the current darling of the social media world and the Social Media
aficionados teamed with the mainstream media believe it to be one of the next big steps in social
media marketing. Well, although Face book, Twitter and YouTube these 3 programs together
have captured the online marketing arena but there are other popular sites like, MySpace,
StumbleUpon, Digg, Reddit, Del.icio.us, Propeller, Clipmarks, Technorati, Mixx,
FriendFeed, Diigo, SlideShare, Orkut, LinkedIn, BlogCatalog, MyBlogLog, DZone, Yahoo
Buzz, Faves, Mister-Wong, Spurl, IndianPad, Searchles, Sphinn, PlugIM, BlinkList,
Sociologs, Simpy, Swik, Jumptags, Squidoo, ShoutWire, Tagza, Slashdot and the list just
goes on….. As a matter of fact, the marketing professionals are now seeking million other ways
to reach and interact with their audience. It is indeed the online world and therefore the perfect
time for the banner ads and texts to step aside to make room for the interactive marketing which
elongates across multiple media thus connecting a target market.
Nowadays the online media marketing is somewhat based on the simple concept. As they say,
“They’ll tell two people, and they’ll tell two people.” Simple concept isn’t it? And this type of
viral marketing just cannot be bought with any of the traditional advertising means. Like the
companies, the audience is also looking forward to take advantage of the demographic
advantages and also of the ‘VIRALITY’ of the social media.
As it appears the future of online marketing is indeed affirmative and there is hardly any doubt
about the fact. Blessed with the new baby, known as social media marketing, the online
marketing now stays as one of the cost effective and feasible techniques to target a large
audience without any substantial hike in the budget. Last but not the least, the most beneficial
part of online marketing is perhaps the easy accessibility and interoperability. Face this, now just
a single click link will fetch the results within a few seconds. Needless to say, with all these
avenues and much more, the future of online advertising truly beckons more opportunities and
even more advancements.
www.studymafia.org
Conclusion
Exa's E-Marketing Solution meets all your business needs, including database management,
template development and content creation. Tailoring a solution to your individual business'
requirements, our strategy will align our technology with your goals to produce the most
impressive outcome you could hope for.
Reference
www.google.com
www.wikipedia.com
www.studymafia.org